Lady Patten joins CSC board

Trafford Centre owner, Capital Shopping Centres Group, has appointed Louise Patten as a non-executive director and member of its remuneration committee.

Lady Patten, the wife of former Conservative education secretary John Patten, once chaired industrial developer Brixton and was interim chairman of Somerfield.

She began her career at Citibank, working mainly in retail financial services, and has been a senior adviser at Bain & Company Inc since 1997.

Lady Patten has held non-executive directorships at Marks & Spencer, Great Universal Stores, Hilton Group and Harveys Furnishings. She is currently a non-executive director of UK Asset Resolution and of Control Risks Group.

Following her appointment at CSC there will be three independent non-executive directors on the remuneration committee, in compliance with the UK Corporate Governance Code.

At the date of appointment, Louise Patten owns 10,000 shares in CSC. Peel Group chairman, John Whittaker, is the largest shareholder in CSC with 20.5% and is non-executive deputy chairman. CSC acquired Trafford Centre in January 2011.

Your Comments

Read our comments policy here